A vital part of being a landlord is rent collection. Rent collection is more than just telling your tenants how much is due and when it is due. It is important that you have a good rent collection method in place for you and your tenants if you want to get paid on time. An… [Continue Reading]
How to keep your tenants happy!
A quality tenant impacts your profit overtime on your investment. It all starts with knowing the importance of screening. It is key that you conduct a criminal background check, credit check, rental history, verification, and income verification on each application. Choosing the wrong tenant will create stress, waste your time and you may lead to… [Continue Reading]
Property Management: Video Walkthrough Tours
COVID-19 has made industries change their way of working and property management is no exception. Nowadays creating a video walkthrough is essential. In this time of social distancing, video walkthroughs can be a safe way of showcasing your property without putting potential tenants and yourself at risk. So if you don’t already do video walkthroughs… [Continue Reading]
Breaking a Lease in California
Lease agreements are considered legally binding contracts in Temecula, California. In most cases, the lease term lasts for one full year. A tenant has to stay or at least pay rent that is due on time during this period. However, there are situations that might call for breaking a lease early. Depending on the particular… [Continue Reading]
Overview of California Security Deposit Laws
Many landlords in Temecula, California require their tenants to pay a security deposit before they move in. It’s a one-time, refundable fee and is usually equivalent to the rent of one month. So, why do landlords require it? They require it for various reasons. Generally speaking, it helps in protecting them against financial ruin. The… [Continue Reading]
Renting Below Market Value Consequences
Although it is legal to rent your property below the market value it is not the best idea. Let’s say that you want to rent your property below the market value as a favor to family relative or friend, you might be doing them a favor but at the long run, it will have a… [Continue Reading]